News

Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions

Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.

SG, China boost economic ties

The bilateral cooperation will promote new economic projects.

Digital asset exchange DigiFT clinches capital markets service license in SG

DigiFT can now conduct regulated dealing of capital markets products.

Singapore launches second National AI Strategy

The renewed NAIS will promote a safer AI ecosystem.

IMDA, AI Singapore, A*STAR launch $70m AI initiative

The initiative aims to develop Southeast Asia’s first large language model ecosystem.

2024 launches to yield up to 8,800 units

The 2024 figure will be 15.8% higher than units launched in 2023.

Dasin Retail Trust lender says internalisation of trustee-manager could delay debt restructuring

Minority investors tout the internalisation as cost-saving which could push distributions higher.

Geopolitics, consumer behaviours drive high CFO turnover

Companies are facing increased CFO turnover due to market dynamics and shifting consumer trends, with Asia Pacific presenting a unique landscape.

Local firms more optimistic about business in 1Q24

Construction and transportation emerged as the most optimistic sectors.

Prices of private homes to rise modestly in 2024: expert

OrangeTee said there will be a moderate rise in new home sales next year as well.

Centurion disposes 2 worker accommodation assets in Malaysia for $65.1m

Malaysia’s public sector pension fund acquired the two assets.

1 in 10 firms yet to implement emission plans: report

Of firms with no emission plans in place, 45% said they don’t plan to develop one.